The costs directly related to a cyberattack are staggering and can include operational
disruption and lost productivity, damage to business reputation and customer relationships,
lost revenue and compliance violations. Bottom line, many mid-market organizations won't
survive a serious cyberattack, making it critical that they keep in mind these very real
considerations...
Attackers don't discriminate anymore. Security breaches and compromises
are a problem for all companies, not just Fortune 500 or financial industry.
Cost is always a driver, but can lead to sub-par security strategy. IT leaders
from small to mid-market companies must be frugal with staffing and funding,
but they require the same protections as Fortune 500 companies.
Proper assessment and roadmap development requires time and money,
but it's worth it! Spending time assessing your risks before an attack allows
communication to business units and leadership, and ensures spending is
prioritized on the most critical business risks/functions.
Post-attack analysis is often expensive, but it's critical to avoiding another
attack. The costs of cyberattack analysis, mitigation and eradication
measures can run from the low hundreds of thousands to millions of
dollars, and if these steps aren't taken, then expect a recurrence!
3
oneneck.com
The security reality for today's
mid-market organizations.
02
3
oneneck.com
The average ransomware
payment rose
33% in 2020
over 2019, to
$111,605.
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